Inflation Outlook

We are of the opinion that inflationary pressures will rise due to labour demands in South Africa. This is

supported by Eskom’s, the national power supplier, demands for higher than inflation increases. A further

determining factor is the rise of the Consumer Price Index (CPI). In South Africa, the Consumer Price Index or

CPI measures change in the prices paid by consumers for a basket of goods and services. This page includes a

chart with historical data for South Africa Consumer Price Index (CPI).

It is our opinion that it is inevitable that interest rates may rise should these inflationary pressures remain.

See interest rate chart below.

Click on “Trend” below on the chart to see the trend.

Sandton, Pretoria, Cape Town, Durban, Port Elizabeth, Nelspruit, Polokwane, Bellville, Bloemfontein, East London